The primary goal of the UIC Technology Ventures Program is to create an intensive, challenging, real-world experience for MBA students. Students are provided with access to UIC technologies that have commercial potential and the Technology Ventures program allows students to learn about business and technology entrepreneurship.
Under the mentorship of Chicago business leaders and UIC campus resources, students work directly with the inventors of technologies to develop their business plans and pitches. Select teams use those plans to compete against other top-ranked universities in local and national business plan competitions judged by venture capitalists, angel investors, and industry partners from around the United States and Canada.

Some teams go on to launch the start-ups they created in the Technology Ventures. Since 2005, five companies have been launched:

• Sanogene Therapeutics, Inc
   
• OrthoAccel Technologies
   
• Optimal Vision Corporation
   
• HeartSounds, Inc
   
• Pax Neuroscience, Inc